The General Financial Directorate picked on the transfer pricing sphere again.

October 2020 – The fight against the so-called tax havens has been a major ongoing issue both at the European Union level and also for Member States.

Probably in the first weeks of 2021, the General Finance Directorate will launch the MY TAXES project, the so-called "online tax office", on the basis of an amendment to the Tax Code.

Any parent company that has established, purchased or otherwise acquired a subsidiary must look very carefully at whether the costs it incurs on an ongoing basis in holding the subsidiary can be claimed as tax-deductible expenses.

Johnny Hutchinson could tell you, from memory, that the Defenestration of Prague occurred on May 23, 1618, and it precipitated the Thirty Years' War...

Risks in the area of ​​taxes continue to increase unnoticed in the Czech Republic. Tax assessment does not have to end with the additional assessment of the tax. This is evidenced by the fact that the...

In December, we informed you about the recommendations issued by the Organisation for Economic Co-operation and Development (OECD) in response to the impact of the Covid-19 pandemic on transfer pricing...

It establishes this obligation towards the intermediaries of these arrangements, or the taxpayers themselves.

The proposal is largely based on a rejected draft of an EU "Digital Services Tax" directive and imposes tax liability in relation to three specific activities of digital service providers.

Historically, customs duties are considered to be the origin of taxation. Today, looking specifically at the current U.S. administration, customs duties—better known as tariffs—are primarily used as tools of trade policy.

The compensation bonus represents direct support to entrepreneurs affected not only by the effects of government measures, but also as a result of the pandemic as such.

When compiling the tax return for December or January, we may come across deliveries that were started in December, but the customer did not receive the goods until January.